Manufacturing sector contracts for first time in nine months
The biggest drag was a 7.7% fall in petroleum, chemical products, rubber and plastic products
08 August 2019 - 14:03
Manufacturing production saw its first contraction since September 2018, surprising analysts who expected marginal growth in June.
Manufacturing production decreased 3.2% in June, after the sector saw subdued growth of 0.4% in May. This was in stark contrast to the Bloomberg consensus of growth of 1.6%. ..
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